Munich International Airport (MIA) and EMCO, a Honduran construction company, have recently been granted a concession to develop, operate and maintain the El Salvador Airport Cargo Terminal for a period of 40 years.
The decision was announced on October 09, 2020 by the El Salvador Government, through the Comisión Ejecutiva Portuaria Autónoma (CEPA), says press release.
As per the deal, Munich International Airport will provide advisory and management services for the cargo terminal during all stages, including asset transition and takeover, service level, operations management and standard procedures setup and implementation, cargo related trainings, cargo business development as well as expertise across various areas of airport development and management to maximise efficiency levels and productivity.
With the announcement of CEPA, the project is now entering into a new phase and EMCO and MAI are actively working and mobilizing the teams for a successful future of El Salvador’s Air Cargo Development.
Dr Ralf Gaffal, Managing Director at MAI said in a statement, “We are honored to be part of this exciting project with our partner company EMCO. We will work closely with all stakeholders to implement our best practices to develop and enhance the cargo business and its positive impact to the country of El Salvador.”
The award follows a well-prepared and transparent tender process which attracted the interest of some of the best cargo operators globally, and was conducted by the Salvadoran Government in line with international and industry standards.